Elsa Nina Quispe


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Elsa Nina Quispe
Location: Juliaca, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $425.00
Loan Use: Buy a large quantity of ingredients and utensils for her food business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 15, 2008
Date Disbursed: Oct 29, 2008
Date Funded:Oct 15, 2008
Loan Ended:May 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0699 PEN = 1 USD



Elsa is a 36 year old single mother of two little girls, Milagro age 3 and Mariela age 1. She has been selling food for 10 years when she worked for other people, but she finally decided to become independent and open her own business, so she bought a tricycle and since then has been selling food as a street vendor. Elsa prepares the food very early in the morning and sells form 11 until 2 in the afternoon, during which time her tricycle is surrounded by many customers anxious to enjoy her delicious dishes. She very much likes to cook, but the rising prices make her ingredients much more expensive, but in spits of these challenges she stays firm in being able to make her goals reality. Her wish is to be successful for her daughters, to whom she would like to provide all the comforts she can and she hopes that they have better possibilities to be professionals in the future. With the money she is seeking she will buy more ingredients and some kitchen utensils to improve her customer service. In the future she wants to open a business in a permanent location, she still hasn’t decided of this will be a restaurant or a small grocery store.

Translated from Spanish by Cindy Kendall, Kiva Volunteer


Elsa tiene 36 años, es madre soltera de dos niñas Milagros de 4 y Mariela de 1 añito. Se dedica a la venta de comida desde hace 10 años cuando trabajaba para otras personas, pero finalmente decidió independizarse y poner su propio negocio, es así que compró su triciclo y desde entonces se dedica a la venta de comida de forma ambulatoria. Elsa prepara la comida desde muy tempranas horas de la mañana y la vende desde las 11 hasta las 2 de la tarde, tiempo en el cual su triciclo se rodea de muchos clientes, ansiosos por degustar sus deliciosos potajes. Le gusta mucho cocinar, pero las subida de los precios hacen que los ingredientes sean mucho más caros y que cada vez se le haga más difícil mantener el precio de sus preparaciones, pero a pesar de estas dificultades, se mantiene firme para poder realizar todas sus metas. Su deseo es superarse a favor de sus hijas, a las cuales quiere brindarles todas las comodidades y que tengan mejores posibilidades para ser profesionales en el futuro. Con el dinero que está solicitando comprará más ingredientes y algunos utensilios de cocina para mejorar la atención a su clientela. En el futuro, quiere poner un negocio fijo, aun no decide cual pero puede ser un restaurante o una pequeña tienda de abarrotes.

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Journal entries for Elsa Nina Quispe


Loan has been disbursed
 
Entrepreneur: Elsa Nina Quispe
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Elsa Nina Quispe by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 6 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Juliaca, Peru
Oct 30, 2008
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Kiva Help Repayment Schedule for Elsa Nina Quispe

  Expected Repayments Actual Repayments Comments
January 2009 $70.83 $70.83 Repayment Received
February 2009 $70.83 $70.83 Repayment Received
March 2009 $70.83 $70.83 Repayment Received
April 2009 $70.83 $70.83 Repayment Received
May 2009 $70.83 $70.83 Repayment Received
June 2009 $70.85 $70.85 Repayment Received